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Tom PetrunoMarket Beat• E-mail
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Recent Columns:
Like any globe-trotter, capital sometimes gets weary or fearful and just wants to go home.
With two-thirds of the year now over, nothing is resolved about the economy, the housing market, the credit markets or the stock market.
The mess in the U.S. financial system is making me nostalgic for the dot-com collapse of 2000-2002.
The mess in the U.S. financial system is making me nostalgic for the dot-com collapse of 2000-2002.
Foreign stocks had been the shining stars in many U.S. investors' portfolios from 2003 through 2007. This year, they're beginning to look like black holes.
Oil prices are plunging and the stocks in your 401(k) retirement account are rebounding.
Faced with a run on the Northern Rock bank last fall, the British government threw out convention -- and deposit insurance limits -- and declared that all depositors in the bank would be fully protected.
Are things really that bad?
In a modern financial system, nothing is more frightening than a run on the bank.
Small investors constantly are advised to think long-term and to avoid panicking over short-term stock market declines.